This exceptional investment opportunity presents a 3,115 square foot, single-tenant Burger King restaurant situated on a 0.97-acre lot in Hazel Green, Alabama. Built in 2015, this property benefits from a corporate-guaranteed, absolute triple-net (NNN) lease with a remaining term of 14 years, expiring October 30, 2038. The lease commenced October 29, 2018, and includes rent bumps. Located in a high-traffic area, this outparcel to a Walmart Supercenter enjoys excellent visibility and accessibility, surrounded by other national retailers including Dollar Tree, Arby's, Zaxby's, Taco Bell, Dollar General, Verizon, and AT&T. The property's strong performance is reflected in its $169,781 net operating income (NOI) and a 6.65% cap rate. The asking price is $2,553,083, translating to $819.61 per square foot. This investment offers a secure, long-term passive income stream in a thriving retail corridor within the Huntsville MSA, a market boasting over 450,000 residents and situated just 25 minutes north of downtown Huntsville. The property's strategic location along a major retail thoroughfare ensures consistent high traffic volume, exceeding 22,000 vehicles daily. This is a rare opportunity to acquire a well-established, high-performing Burger King investment with significant long-term potential.
Highlights
Walmart-anchored outparcel.
High traffic count exceeding 22,000 vehicles daily.
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Contacts
Justin Sturdivant
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14637 Us-231, Hazel Green, Alabama, 35750
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14637 Us-231
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